iShares Core Total USD Bond Market ETF (NASDAQ:IUSB) is Concorde Asset Management LLC’s 10th Largest Position

Concorde Asset Management LLC raised its position in shares of iShares Core Total USD Bond Market ETF (NASDAQ:IUSB) by 44.8% in the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 102,098 shares of the company’s stock after buying an additional 31,601 shares during the quarter. iShares Core Total USD Bond Market ETF comprises 2.7% of Concorde Asset Management LLC’s portfolio, making the stock its 10th biggest holding. Concorde Asset Management LLC’s holdings in iShares Core Total USD Bond Market ETF were worth $4,811,000 at the end of the most recent reporting period.

Several other institutional investors have also added to or reduced their stakes in the company. LPL Financial LLC lifted its stake in shares of iShares Core Total USD Bond Market ETF by 20.3% during the 3rd quarter. LPL Financial LLC now owns 39,330,716 shares of the company’s stock worth $1,853,263,000 after acquiring an additional 6,632,679 shares during the last quarter. Cetera Investment Advisers lifted its stake in shares of iShares Core Total USD Bond Market ETF by 129.9% during the 1st quarter. Cetera Investment Advisers now owns 8,653,706 shares of the company’s stock worth $394,522,000 after acquiring an additional 4,890,264 shares during the last quarter. CWM LLC lifted its stake in shares of iShares Core Total USD Bond Market ETF by 19.5% during the 3rd quarter. CWM LLC now owns 21,325,421 shares of the company’s stock worth $1,004,854,000 after acquiring an additional 3,483,112 shares during the last quarter. Kestra Investment Management LLC bought a new stake in shares of iShares Core Total USD Bond Market ETF during the 2nd quarter worth approximately $128,756,000. Finally, Sanctuary Advisors LLC bought a new stake in shares of iShares Core Total USD Bond Market ETF during the 2nd quarter worth approximately $124,848,000.

iShares Core Total USD Bond Market ETF Price Performance

Shares of NASDAQ IUSB opened at $45.59 on Friday. The business has a fifty day simple moving average of $46.33 and a two-hundred day simple moving average of $45.96. iShares Core Total USD Bond Market ETF has a twelve month low of $44.21 and a twelve month high of $47.44.

iShares Core Total USD Bond Market ETF Increases Dividend

The company also recently announced a monthly dividend, which was paid on Wednesday, November 6th. Shareholders of record on Friday, November 1st were given a dividend of $0.1577 per share. The ex-dividend date of this dividend was Friday, November 1st. This is a positive change from iShares Core Total USD Bond Market ETF’s previous monthly dividend of $0.16. This represents a $1.89 dividend on an annualized basis and a yield of 4.15%.

About iShares Core Total USD Bond Market ETF

The iShares Core Total USD Bond Market ETF (IUSB) is an exchange-traded fund that is based on the Bloomberg U.S. Universal index. The fund tracks a broad Barclays index of USD-denominated taxable bonds. The index is market value weighted. IUSB was launched on Jun 10, 2014 and is managed by BlackRock.